will I need dealer insurance?

by Guest » Sat Feb 23, 2013 08:42 am
Guest

I am planning to set up a business as a distresses vehicle transporter. What form of coverage will I need? Should I look for a dealer insurance?

Total Comments: 2

Posted: Sat Feb 23, 2013 02:52 pm Post Subject:

You need some form of Garage Keepers policy/Business Auto Policy. Usually this coverage can be provided in one policy. What you need to do is speak to a local agent who can find out more about the business and obtain the correct policy for you.

Posted: Sun Feb 24, 2013 12:56 pm Post Subject:

That, plus all the other normal insurance any business would or must carry, such as Commercial General Liability (Garagekeepers would be a specific variation of that), Workers Compensation, flood insurance (if located in a flood zone), and perhaps some "crime" forms of coverage that are not normally included in a CGL policy.

Working with a local agent or broker is the best way to identify your coverage needs and obtain the protection required to meet them.

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